Tool
Business Line of Credit Calculator
Estimate line of credit draw costs, interest-only payments, draw fees, repayment amount, and effective APR for short-term working capital.
When a line of credit helps
A business line of credit can be useful for short-term timing gaps because you can draw what you need and repay it as cash comes in. The real cost depends on interest, draw fees, maintenance fees, repayment speed, and whether you keep re-borrowing.
This calculator is an estimate for planning and comparison only. It is not financial, legal, accounting, or tax advice.